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Shippers Frustrated as Spot rates Rise With Demand

As demand surges on the Asia-European trades, carriers and forwarders find themselves grappling with escalating spot rates, leading to frustrations among shippers and logistical challenges. The unexpected tightening of space has heightened concerns about shipments under long-term contracts being rolled, adding complexity to an already volatile market. European forwarders report a surge in inquiries from

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A $150K Income Is Lower Middle Class In These High-Cost Cities

In an era where a six-figure salary was once a hallmark of financial success, a $150K income is now considered lower middle class in several high-cost US cities. This startling reality results from various economic factors, including soaring housing prices, rising living costs, and stagnating wages. As the American dream of financial stability becomes increasingly

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Port of Lake Charles Surges into Top 10 US Ports for Cargo Handling

The Port of Lake Charles has catapulted into the ranks of the nation’s top 10 busiest ports, according to the latest data from the U.S. Army Corps of Engineers’ waterborne commerce statistics for 2022. This significant achievement is fueled by substantial gains in cargo throughput, positioning Lake Charles among the elite players in maritime commerce.

Port of Lake Charles Surges into Top 10 US Ports for Cargo Handling Read More »

A $150K Income Is Lower Middle Class In These High-Cost Cities

In an era where a six-figure salary was once a hallmark of financial success, a $150K income is now considered lower middle class in several high-cost US cities. This startling reality results from various economic factors, including soaring housing prices, rising living costs, and stagnating wages. As the American dream of financial stability becomes increasingly

A $150K Income Is Lower Middle Class In These High-Cost Cities Read More »

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